Within the an early post, I had talked about ICICI Financial Step-upwards Mortgage, in which the individuals may get higher financing qualifications than just typical household finance on account of moratorium to the dominant installment for many age. Yet not, the restrict that have Step-up loan is that the restriction ages try capped within 40 many years, the mortgage tenure is actually capped on 2 decades. Also, the borrowed funds was just available to salaried team out of find corporates. What if your age is greater than forty or you is actually self-operating? Obviously, you will not qualify for ICICI Financial Step-right up Financial. Where do you turn following? Is there almost every other device about exact same lender which you are able to use to acquire a higher mortgage eligibility? Well, ICICI Lender has another mortgage device, ICICI Financial Extraa Financial, that may just suit your demands. In this article, let’s think about this unit during the increased detail and when your should go to possess such as for example something.

Excite understand the intent in the article isnt so you’re able to highlight activities away from a specific bank. The fresh purpose is to try to inform you the different tool structures available in the house mortgage section. I am certain a number of other banks offer equivalent points having lesser adjustments. We let it rest for you to analyze eg circumstances round the banking companies and find out the right one to you personally. [Read more…]